Speaking of prices, the February CPI climbed by 0.4 percent, which was right in line with economists' expectations. The increase was of course driven by higher energy prices. The core CPI number, which excludes food and energy, climbed by just 0.1 percent, which was slightly cooler than the 0.2 percent increase expected.

Stocks didn't really do much today. People must be glued to their televisions watching the NCAA college basketball tournament. There was one big winner in the stock market today: Bank of America. Shares surged 5 percent, making it by far the top performer in the Dow Jones Industrial Average.